, tonight,andmichelleobama, whatis the big testformichelleobama? weknow she's practiced, she's a practiced speaker, she's been on the national stage, unlike ann romney, who hit it out of the park with her first effort, really, using teleprompters and all the attention. what is the tactical political effect of michelle obama? >> i think michelle made her debut four years ago in what was an off the chart speech. i think she, because of her closeness obviously with the president and her viewpoint, she can really tell the story of his values, his upbringing, what he believes, and what he wants to do yet for this country. i think she is going to be a powerful and passionate advocate for the president tonight and will give a great speech. >> unlike mitt romney, who needed to have the biography filled in and ann romney was trying to explain just who is this man who has been described variously as robotic and not warm and cuddly to the outside world, at least, president obama has a very high popularity quotient but his big gap is on answering the republican bumper stickers, which is

inwithmicheleobama, aportionofmicheleobama's speech,what did you think of it? >> it was a great speech, it really was. so many personal anecdotes you could visualize. we were talking last week about how ann romney said a lot of great things about mitt romney but never gave you the visuals. john said it best. who in america are in that convention hall -- or in that convention hall watching the speech didn't get the image of a loving father struck with ms, seeing his two children sat the top of the stairs and fighting and struggling to get up those stairs to hug his children at the end of the day or fighting and struggling to get out of bad to go to work to give them a slice of the american dream. it was an absolutely fantastic speech. and the great line, absolutely loved the line, that being president doesn't change who you are, it reveals who you are. >> very personal, very revealing but it also might have accomplished something in terms of touching on some key areas that might have needed some work, not that the president, you would think, had a problem with the women's vote. >> right

to what people are expecting from the firstladymichelleobama's speechtonight. >> look, that is part of the reason for the excitement because first of all, have you these people and the configuration as you can see behind me, i'm above the podium which is a really great vantage point. as you can see, people are -- very, few people, very few delegations are actually on the floor. it is a bowl. they are up and around on the sides. that is, i think, making it sound a lot larger, louder, than it actually might be. it is very loud. they are very excited and they are not all here yet. there are a lot of empty seats. typically people are at dinner now but will be here in time for the keynote address. people are excited to hear castro the keynote speaker, but principally this is michelle obama's night. she is already throughout the campaign. they sent sought an e-mail a half hour ago asking people to text and send in $3 donations in advance of her speech. she told ryan seacrest today on his radio show she had not watched ann romney's speech and came here briefly to look at the stage and look

're going to see ann romney, we're going toseemichelleobamaastwo of the most effective figures in this campaign. >> not two of the most, the two most effective campaigners in both campaigns. i don't think there's any question about that. michelle obama will lead it off next week in charlotte for her husband. i happen to believe, and you know the kind of family in which i have been raised, i'm living with all women, and i have been witness to this both in my wife and my daughters and now my grand daughters, i think this is the century of women. i really do believe that. >> hooray! >> there's going to be more gains made by more women across every part of our lives. cultural, political, and economic. and i think that there is even among some republican women out there, that that party doesn't quite buy into that yet. i mean, there are extraordinary achievements made by nikki haley and condi rice and everyone else. but the real issue on this campaign, for women, will be will social issues, or economic issues, will one trump the other? because the social issues are very important to

antonio mayor jewulian castro a will wrap up with a speech by firstladymichelleobama. tomorrowwill include speeches by massachusetts senate candidate elizabeth warren and former president bill clinton followed by the delegate roll call to nominate president obama for a second term. >> did you see the article in politico about how elizabeth warren is a star here but is having trouble gaining traction in massachusetts. mike, you said it a long time ago, she is a national star for the democratic party but in her own state she's trailing by 5 points and there a lot of democrats that always vote democrat that like brown. they say he's one of us, he's what we would say in the south a good ol' boy. he's not exactly good ol' boy but he talks like those guys who call into boston radio stations bitching about the red sox. that's his persona. i don't know if that's really him but he's got it now. >> again, these two guys can tell you, maybe buttress this point of view, massachusetts is more than cambridge and beacon hill. it's a very moderate state once you get past 128, the outer beltwa

doesn't -- i think people heard that last night. particularlyinmichelleobama's commentsabout the president as a father and a husband. >>> time for a quick market rundown. cnbc's becky quick is here. so becky, is this going to drive the market upwards? >> it's giving us a little bit of a boost this morning, but right now those -- up 2.2% is better than people had been expecting and it's better than the initial read we got that was 1.6. but there are a few things -- we did hear from fedex, and the company actually said it's lowering it's guidance for the quarter because of a weak economy. fedex is usually a pretty good indicator of what you can expect with the rest of the companies and the rest of the economy. the big thing that has been the focus today, is the ecb, the european central bank. they would be doing bond buying to try and prop up and make sure that those markets don't get driven in too far of a negative direction. those reports have not been confirmed and that's got people bouncing back and forth. but the big news is tomorrow when we actually hear of the european c

the economy. you know, i think ann romney is a terrific person. ithinkmichelleobamaisa terrific person. i think, you know, joe biden and paul ryan have very different views of the world, but at the end of the day i think people are going to go out and vote in this election based on the two principles, based on what they think about mitt romney and what they think about barack obama and what they think about their vision for the economy. i don't think, you know, all the rest of it sort of helps create a picture but i don't think people are going to vote in this election based on other people other than the two candidates. >> if a big problem for mitt romney is this 47% comment and it does seem that things have trended away from him since then, governor, the question becomes, can you unring the bell? i want to show you an example and obviously it's a spoof, it's from jimmy kimmel, but he was using that, look directly into the camera ad. look what he did with it. >> more americans are living in poverty than when president obama took office. we shouldn't measure compassion by how many people